Labor cost variance means the difference between standard labor cost and actual labor cost.
No, Direct labor price variance is created due to difference in standard labor rate and actual labor rate for example standard labor rate per unit is 10 and actual labor rate is 11 then 1 per unit is unfavourable direct labor price variance.
a debit balance in the labor efficiency variance account indicates that actual rate and actual hours exceed standard rates and standard hours
Direct labor budget utilized to compare the actual direct labor cost and standard cost for specific task and for controlling purpose so that if there are variances those variances could be eliminated to bring the actual cost to budgeted cost.
Direct labor budget is prepared during planning stage before the actual production starts.
a premature labor occurs when the fetus has been developing in the womb for 37 weeks or less, a false labor is when the mother feels contractions and believes the labor may have begun hours or days before the actual labor starts.
Child labor laws prevents anyone from hiring a person under 16, so you have to be 16 to get an actual job.
In the US, Labor Day is the first Monday in September. The actual date varies according to the calendar for the given year.
Actual
the farmers did most of the pyramid building come on you learn that in the 6th grade :|
(actual time * standard rate) - (standard time * standard rate)
The actual labor of building the Great Wall of China was done by soldiers, criminals, and common people. It took millions of labors to build the wall. Criminals were forced to build the wall as punishment and common people were forced at times to work on the wall, including children.